Area Intelligence

TMN ENGGANG

2 properties
2024
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Median Price
RM 898,500
PSF: RM 584

Commercial Market

Median Price

RM 898,500

IQR: RM 142
MAD: RM 13
RM 584 PSF 21.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN ENGGANG in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 899K and a median price per square foot (PSF) of RM 584.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 899K, with most transactions falling within a stable range of RM 897K to RM 900K, and a typical market range of RM 897K to RM 900K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 584, with most transactions between RM 583 and RM 585. The usual range is RM 513.00 to RM 655.00, showing that most units are priced quite close to each other. With an IQR of RM 142.00 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN ENGGANG, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
2 units 3-Storey Storey Shop
RM 900,000
JLN NIAGA ENGGANG 1
1,539 sqft · RM 585.00 PSF
Nov 2024
RM 897,000
JALAN NIAGA ENGGANG 1
1,539 sqft · RM 583.00 PSF
Aug 2024